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What makes firms survive longer? A survival analysis using hazard function for Mississippi establishments

This study investigates the influence of regional factors on firm survival, with a particular focus on the startup and growing phases of firms. By employing Cox-proportional hazard models, the analysis centers on Mississippi establishments and considers regional attributes such as industry specialization, diversity and workforce education levels. The findings reveal that industry specialization does not significantly impact firm survival, while industry diversity has a negative effect, indicating a lack of discernible agglomeration benefits within Mississippi's business environment. Interestingly, regions characterized by educated and skilled workers exhibit a positive association with firm survival, particularly in the growing stage rather than during the startup phase. The findings emphasize the need to tailor strategies based on the firm's specific maturity stage in order to enhance their chances of survival.

Identiferoai:union.ndltd.org:MSSTATE/oai:scholarsjunction.msstate.edu:td-6922
Date08 August 2023
CreatorsDawadi, Sabin
PublisherScholars Junction
Source SetsMississippi State University
Detected LanguageEnglish
Typetext
Formatapplication/pdf
SourceTheses and Dissertations

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